GreensLedge

What GreensLedge does

GreensLedge is a boutique investment bank founded in October 2008 in New York, specializing in structured credit and securitization advisory. The firm serves structured credit managers, alternative asset managers, finance companies, BDCs, corporations, and institutional borrowers through five service lines: Capital Markets placement (CLOs, CDOs, ABS, debt offerings, hybrid securities, pre-IPO equity), Liability Management and Ratings Advisory (Rated Feeder Funds, Rated Note Structures, Private CLOs/CFOs, middle-market direct lending leverage facilities), M&A and Corporate Advisory, Fundraising placement (with over $5 billion in LP and LP-backed capital raised since 2018), and CLO tranche investment management via GreensLedge Asset Management (GLAM). GreensLedge also operates Lime Funding, a $3+ billion Asset-Backed Commercial Paper Conduit established in December 2019 in partnership with Sumitomo Mitsui Trust Bank.

The firm operates from offices in New York (headquarters), Glastonbury CT, London, Tokyo, and Seoul, with fully licensed broker-dealer entities in the US, UK, Japan, and Korea. The technology stack is conventional for an investment bank, with no disclosed proprietary platform; service delivery relies on senior banker expertise, decades-long institutional relationships, and direct coverage rather than technology. GreensLedge has placed or advised on more than $95 billion across 200+ structured finance transactions, advised on M&A activity involving more than $100 billion in AUM, arranged over $43 billion in middle-market direct lending leverage facilities, and raised over $5 billion in LP capital since 2018. The firm ranked #1 US Middle Market CLO Arranger for full year 2024 (CreditFlux) and has won Private Credit CLO Arranger of the Year in 2024 and 2025 (DealCatalyst/LSTA).

GreensLedge generates revenue primarily through transaction fees on capital markets placement, M&A advisory, and fundraising engagements, supplemented by recurring management fees from GLAM (launched September 2019 with $4.5 billion in structured assets under advisement). The firm was majority-acquired by Raymond James Financial (NYSE: RJF) on March 2, 2026, with Sumitomo Mitsui Trust Group retaining a minority interest and the four founding managing partners (James Kane, Brian Zeitlin, Lesley Goldwasser, Ken Wormser) continuing to lead the business within Raymond James' Capital Markets segment.

Name

GreensLedge

Legal name

The GreensLedge Group LLC

Website

https://greensledge.com

Company type

Private

Founded year

2008

Operating status

Acquired

Headcount range

51–100 employees

Short description

GreensLedge is a boutique investment bank specializing in structured credit and securitization, providing CLO/CDO/ABS placement, M&A advisory, fundraising, and CLO tranche investment management to institutional clients globally; it was acquired by Raymond James Financial in March 2026.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239), Other Activities Related to Credit Intermediation (522390)

SIC

Asset-Backed Securities (6189), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Private Credit — Structured Credit (CLOs, ABS, Private Securitizations) (FSAHAJAH)

akta.pro secondary industry

Leveraged Finance & Loan Credit (Loans/Lev Loans/Loan CLOs) (FSAHAGAI)

Keywords

• Structured credit advisory
• CLO placement services
• Investment banking
• Capital markets advisory
• Securitization services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Capital Markets Placement Fees: GreensLedge acts as sole placement agent, co-placement agent, or lead placement agent on CLO, CDO, ABS, and debt transactions, earning placement fees on each deal. The firm has served as sole placement agent on over $95 billion across 200+ CLO, CBO, ABS, and debt deals.
2. M&A and Corporate Advisory Fees: GreensLedge advises on M&A transactions including buy-side and sell-side advisory, valuations, and deal structuring for structured credit platforms, finance companies, BDCs, and alternative asset managers.
3. Fundraising Placement Fees: GreensLedge raises LP and LP-backed capital for private equity and alternative investment funds, with over $5 billion raised since 2018, primarily in Asia (Japan and Korea).
4. GreensLedge Asset Management (GLAM) Management Fees: GLAM was launched in 2019 with $4.5 billion in structured assets under advisement, generating management fees from CLO tranche investing for institutional investors.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

GreensLedge is a boutique investment bank that provides capital markets placement, M&A advisory, fundraising, ratings advisory, structured credit asset management, and ABCP conduit services for institutional clients. The firm specializes in structuring and placing CLOs, CDOs, ABS, rated feeders, CFOs, and debt offerings, with a heavy focus on structured credit and securitization for CLO managers, alternative asset managers, finance companies, BDCs, and corporations. Complementary offerings include GreensLedge Asset Management (GLAM) for CLO tranche investing and Lime Funding, an ABCP conduit joint venture with Sumitomo Mitsui Trust Bank.

Product overview

GreensLedge is a premier global investment banking and advisory firm offering a comprehensive suite of structured finance and capital markets services. The firm's integrated platform includes Capital Markets (placement agent and structuring for CLOs, CDOs, ABS, and debt offerings), Liability Management and Ratings Advisory, M&A and Corporate Advisory, and Fundraising services. The firm also operates GreensLedge Asset Management (GLAM) for CLO tranche investing and Lime Funding, an ABCP conduit program in partnership with Sumitomo Mitsui Trust Bank. GreensLedge has helped clients deliver value worth over $95 billion across 200+ transactions, arranged or advised on over $43 billion in middle-market direct lending, and advised on M&A activity involving over $100 billion in AUM.

Differentiator

Problem solved

Functional benefit

Brands

• GLAM (GreensLedge Asset Management): GreensLedge Asset Management (GLAM) was launched in September 2019, focused on CLO tranche investing in primary and secondary markets. It was launched with $4.5 billion in structured assets under advisement.
• Lime Funding

Products and services

• Capital Markets Capital markets services providing placement agent, advisor, and structurer capabilities for debt, ABS, CLO, CDO, hybrid securities, and pre-IPO equity issuance across private and public markets. Serves structured credit managers, alternative asset managers, finance companies, and corporations seeking to raise capital through structured products.
• Liability Management and Ratings Advisory

Quantifiable outcome

• Over $95 billion in value delivered across 200+ CLO, CBO, ABS, debt, and early-stage equity deals as placement agent
• +5 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered minor and core.

• Houlihan Lokey (Financial Advisor to GreensLedge)minorOthers · 14 October 2025Houlihan Lokey acted as financial advisor to GreensLedge in connection with the Raymond James acquisition transaction.
• Debevoise & Plimpton (Legal Advisor to GreensLedge)minorOthers · 14 October 2025Debevoise & Plimpton acted as legal advisor to GreensLedge in connection with the Raymond James acquisition transaction.
• Sullivan & Cromwell (Legal Advisor to Raymond James)minorOthers · 14 October 2025Sullivan & Cromwell acted as legal advisor to Raymond James in connection with the acquisition of GreensLedge.
• SagardminorStrategic or Co-development Partner · 13 March 2024GreensLedge Capital Markets LLC acted as financial advisor to Sagard in connection with Sagard's acquisition of a 40% stake in the HalseyPoint CLO platform (co-branded Sagard | HalseyPoint). Sagard is a multi-strategy alternative asset management firm with over US$25B under management. This was a transaction advisory role rather than an ongoing commercial partnership.
• Lime Funding (ABCP Conduit Joint Venture)coreStrategic or Co-development Partner · 1 December 2019Lime Funding is an Asset-Backed Commercial Paper Conduit established through a joint venture between GreensLedge and Sumitomo Mitsui Trust Holdings (SuMi TRUST). Administered by GreensLedge Advisors, the conduit aims to expand US dollar financing for SuMi TRUST's corporate customers and serve as a funding source for GreensLedge clients. The initial focus is on short-term financing (repos), with a long-term goal of providing longer-term financing and secured revolving facilities. The program reached $3+ billion in size.

Scale indicators8 records

Recent moves15 records

Expansion highlights5 records

Direct peers

• PJT Partners: NYSE-listed boutique advisory firm with a comparable combination of M&A advisory, capital markets, and a dedicated fund placement business (Park Hill), operating at a similar senior-led, relationship-driven scale and serving many of the same alternative asset manager clients.
• Houlihan Lokey: Publicly traded global investment bank with one of the most active structured credit and capital markets advisory practices; competes with GreensLedge on CLO, ABS, and direct lending mandate advisory across middle-market and large-cap issuers.
• Perella Weinberg Partners: Independent advisory firm with a structured products and capital markets capability serving financial institutions and alternative asset managers, run by former bulge-bracket partners in a comparable boutique model.
• Guggenheim Securities: Capital markets and investment banking arm of Guggenheim Partners with a longstanding structured credit and securitization franchise and deep relationships with CLO managers, directly competitive with GreensLedge's placement agent role.
• Moelis & Company: Publicly listed boutique advisory firm with founder-led engagement model and capital markets capabilities; comparable in size, structure, and senior-banker-driven client coverage.
• Centerview Partners: Elite independent advisory firm founded by former bulge-bracket M&A leaders with senior-partner-led coverage of large financial services and asset management clients; comparable boutique model with similar founder economics.
• Evercore: Independent advisory firm with significant financial services and asset manager M&A coverage and a capital markets advisory practice, competing for the same institutional client wallet GreensLedge targets.

Broad incumbents

• Jefferies: Diversified mid-market-focused investment bank with an active structured credit, CLO, and ABS business; broader and larger than GreensLedge but competes head-to-head on middle-market CLO arranging mandates.
• Nomura: Global investment bank with a substantial CLO and structured credit arranging franchise, particularly in CLOs and ABS; competes with GreensLedge on US and Asian structured product mandates given its Japan-headquartered platform.
• Wells Fargo Corporate & Investment Banking: Bulge-bracket arranger with one of the largest CLO new-issue franchises globally; sets the competitive benchmark GreensLedge benchmarks against in the CreditFlux middle-market league tables.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-greensledge-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GreensLedge